Online Real Estate Auction of 83 Spain Drive, Grenada, MS

Auction in 83 Spain Drive, Grenada, Mississippi, United States

28 28th July, 2022

Online Real Estate Auction of 83 Spain Drive, Grenada, MS

Auction in 83 Spain Drive, Grenada Mississippi, United States

Thursday at 12:00 AM - 28th July , 2022

Close

Notes



PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED. PLEASE READ AND REVIEW THE TERMS THOROUGHLY BEFORE BIDDING ON ANY PROPERTY. Following your review of these terms, do not bid if you do not agree or accept. By placing a bid, you are accepting the terms of this auction and will be held to the terms as they are presented and updated. These terms create a legally binding contract between you and Taylor Auction & Realty, Inc. Documents presented on the website are part of the terms. The seller has determined the terms. This online auction is set for automatic approval. You may register for the auction and download any documents regarding this auction. However, please print from the Documents Section, Working with a Real Estate Broker before bidding. After printing and reviewing, please acknowledge by your signature above the Customer line your acknowledgment of non-representation. Before placing a bid on the property, please print, sign and return to our office the Property Condition Disclosure Form, page 2 of the INFORMATIONAL STATEMENT FOR MISSISSIPPI PROPERTY CONDITION DISCLOSURE STATEMENT and page 6 of PROPERTY CONDITION DISCLOSURE STATEMENT. Please email ruthie@taylorauction.com or fax to 1.662.227.1653. If you need assistance with these forms, please call us at 1.662.226.2080. Taylor Auction & Realty, Inc. has put forth every effort in preparing the catalog for this auction to provide an accurate description of the property. The property is sold as-is with no warranty written or implied by Taylor Auction & Realty, Inc. The following information is provided to you as a matter of convenience only, and no representation or warranty, expressed or implied, is made as to its accuracy or completeness by the auctioneer. All information obtained came from the seller or third-party sources. You are encouraged to inspect the property you wish to purchase before THE ONLINE AUCTION. No sale will be contingent upon a property inspection by the successful bidder after the auction, or is the sale contingent upon the Buyer obtaining financing. You are expected to pre-qualify yourself with a lender before the auction. Printed statements or descriptions by staff or the seller are provided in good faith and are matters of opinion. Bidders must conduct and rely solely upon their investigations and inspection regarding the condition and feasibility of the bidder’s intended use. The real property is being sold AS-IS with any faults. Please review all information and seek appropriate assistance before bidding at the auction. Inspection: Please call our office at 662.226.2080 The family requires an Activity Waiver & Release before entering the residence. All parties interested in viewing the residence will have to be prequalified before the allowed inspection. BIDDER REGISTRATION: For us to have enough time to conduct authorizations, it is encouraged that you register and bid early. Waiting till the last minute to register and become comfortable with the system could negatively affect your bidding. We encourage you to register at least 24 hours in advance of the auction. To better serve our customers, all bidders must provide their name, address, daytime phone number or cell number, and email address at which they can be contacted. This ensures good communication between Taylor Auction & Realty, Inc. and the bidder throughout any transactions. Each bidder's identity will be verified. Bidding rights are provisional; if complete verification is not possible, Taylor Auction & Realty, Inc. will reject the registration, and bidding activity will be terminated. BIDDING PROCEDURES: Online auctions move quickly! If you are interested in bidding, bid quickly, especially at the close of bidding time. The bidding software will notify bidders by email or text when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information or the entire screen. Due to varying internet connection speed, please place a max bid or constantly monitor the auction at the close of the bidding. Sometimes email or text notifications can be delayed. If you win, you will be notified by email. AUCTION END TIMES: All online-only real estate auctions are timed events and are subject to auto-extend. Online Auctions have an auto-extend feature of 5 minutes. Any bid placed in the final 5 minutes of an auction will automatically extend the auction ending time 5 minutes from when the bid was placed. The auto-extend feature remains active until no further bids are received within the 5-minute time frame. At the close of the auction, all bidders are encouraged to watch the catalog in case it goes into extension. All lot(s) will remain open during the extension period. Offering: Real estate is offered as a whole. A 10 % Buyer's Premium will be added to your final bid to equal the contract price. The hammer bid and the buyer’s premium establish the final price. Buyer's Premium example: Bid price ($100,000.00) + 10% Buyer's Premium ($ 10,000.00) = Total Contract price ($ 110,000.00) BUYER'S PREMIUM: Purchaser agrees to pay a premium of 10% of the bid price upon closing, which is equal to the agreed-upon commission between Seller, Agent, and Purchaser. Purchaser recognizes and agrees that the 10% premium paid as commission in this transaction does not constitute purchaser representation. CLOSING TIME: Time being of the essence, this contract shall be closed as soon as possible within 30 days. The seller will pay for the preparation of the deed of conveyance and prior real estate taxes past due. The buyer's responsibility is all other closing costs, i.e., survey fees, title expenses, and any other fees associated with the closing. CLOSING LOCATION AGENT: The closing agent/location will be provided no later than ten (10) days after the auction date. TAXES: 2022 Taxes will be prorated to the day of closing. The seller will pay any prior year's taxes. POSSESSION: Purchaser shall receive possession of the property at closing. ACREAGE AND AERIAL PHOTOS: Parcel Dimensions and acreages are based on legal descriptions but are not guaranteed. BIDDER BROKER PARTICIPATION: A bidder broker participation form is available upon request. Please call our office for the form. RESTRICTIONS: Property restrictions are subject to Specific City, County, and State of Mississippi laws, ordinances, and regulations. Property is selling with all easements of record. The owner warrants that they have good merchantable title to the real estate and will convey the same with a deed, free from all encumbrances, liens, or judgments at closing time. SPECIAL INSTRUCTIONS: Any special instructions must be written on the sales contract today. Complete terms and conditions will be provided before auction day and specified within the Contract for the Sale and Purchase of Real Estate showcased in the Documents section of the project. Suppose the seller accepts the final bid from the auction. In that case, the bidder will be emailed a contract to execute and return to Taylor Auction & Realty, Inc. Successful bidders will deposit 10% of the contract price per property in the form of a cashier's check or wire transfer to Taylor Auction & Realty, Inc. within 24 hours of contract ratification by the seller. The entirety of the remaining balance is due at closing. Purchaser will be responsible for all wire transfer fees. You will be closing on property on which you are the successful bidder in the final manner you bid at the auction. AUCTION BID DEFAULT: A successful bidder not executing and returning the contract with earnest money deposit within 24 hours of the conclusion of the auction will be considered in default. If the bidder fails to submit the signed Contract for the Sale and Purchase of Real Estate and 10% of the High Bid Price in earnest money deposit; the winning bidder will be charged a penalty fee of $1,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Taylor Auction & Realty, Inc. and the Seller as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. Taylor Auction & Realty, Inc. reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale. LIQUIDATED DAMAGES: If the buyer does not close within the stated time on the contract and the seller has not granted a written extension, the buyer will forfeit the 10% escrow deposit. If such action occurs, Taylor Auction & Realty, Inc. at this moment has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover the cost of auction, cost incurred by seller, labor cost, and additional cost of auction as not defined in this agreement. Taylor Auction & Realty, Inc.'s INVOLVEMENT IN THIS CONTRACT: Taylor Auction & Realty, Inc. is the agent of the seller, and their fiduciary duties of loyalty and faithfulness are owed to their client (the seller). Taylor Auction & Realty, Inc. is not acting as a buyer's agent. TAR reserves the right to remove or cancel the bids and or bidding rights and privileges of any party deemed not to be in the best interest of the seller, at any time. Taylor Auction & Realty, Inc. reserves the right to cancel the auction at any time. The seller and buyer hereby agree that Taylor Auction & Realty, Inc. is a part of this contract and shall receive compensation as stated in the agreement hereto or as stated in the listing agreement hereby made a part of. Auctioneer has the right to sell this Property in any form or fashion that is legal and ethical in order to produce the best offer to the Seller. BROWSER INFORMATION: Google Chrome and Mozilla Firefox are the preferred Internet Browser for our bidding platforms....
Close

Description

Online Real Estate Auction83 Spain Drive, Grenada, MS

83 Spain Drive, Grenada, MS 38901

Seeking Investors for this 4 Bedroom, 2 Bath, Living Room, Sitting Area, Dining Room, Kitchen, Utility Room

Selling AS-IS, with all remaining contents.   

Ending Date: 

July 28, 2022 @ 12 Noon

For more information about the residence, download the Property Condition Disclosure Statement from the Documents Section.

10% Buyer's Premium added to hammer bid

Information is obtained from sellers and third-party sources and is not independently verified.

Credit card and driver's license are required at registration.  Review Terms and all Documents before placing a bid. 

Call Ruthie or Benny Taylor for more information. 662.226.2080




Close

Disclaimer

Information is subject to change.

Map

Close

Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale in Mississippi

Online Real Estate Auction83 Spain Drive, Grenada, MS

83 Spain Drive, Grenada, MS 38901

Seeking Investors for this 4 Bedroom, 2 Bath, Living Room, Sitting Area, Dining Room, Kitchen, Utility Room

Selling AS-IS, with all remaining contents.   

Ending Date: 

July 28, 2022 @ 12 Noon

For more information about the residence, download the Property Condition Disclosure Statement from the Documents Section.

10% Buyer's Premium added to hammer bid

Information is obtained from sellers and third-party sources and is not independently verified.

Credit card and driver's license are required at registration.  Review Terms and all Documents before placing a bid. 

Call Ruthie or Benny Taylor for more information. 662.226.2080




Contact chat